Fidelity Sai Municipal Income Fund (FSMNX) Fund Details & Analysis

Fund Information

Fund Category Muni National Long

Fund Family Fidelity Investments

Fund Style Large

ISIN US31635V1585

CUSIP 31635V158

Inception Date 2018-10-02

Domicile United States

Country USA

Fiscal Year End December

NAV Chart

Fund Metrics

Net Assets $3.79 Billion

Share Class Net Assets $3.79 Billion

Expense Ratio 0.35%

Expense Ratio Date 2026-02-28

Dividend Yield 0.03%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return -%

1-Year Return -1.87%

3-Year Return 3.17%

5-Year Return -0.14%

NAV $9.33

Previous Close Price $9.38

Last Update 2026-09-30

Dividend Information

Dividend Yield 0.03%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Fidelity SAI Municipal Income Fund

The Adviser normally invests at least 80% of the fund's assets in municipal securities whose interest is exempt from federal income tax. The municipal securities in which the fund invests are normally investment-grade. The Adviser may invest more than 25% of the fund's total assets in municipal securities that finance similar projects, such as those relating to education, health care, transportation, and utilities.

Detailed Metrics

Market Cap Distribution

AverageMarketCap %

Giant %

Large %

Medium %

Micro %

Small %

Value & Growth Metrics

Book-Value Growth % %

Cash-Flow Growth % %

Dividend Yield % %

Historical Earnings % %

Long-Term Earnings % %

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	96.54%	96.54%	0.00%	99.09%	100.00%
Cash	3.46%	6.14%	2.68%	1.81%	0.00%
Non US Stock	0.00%	0.00%	0.00%	0.00%	0.00%
Not Classified	0.00%	0.00%	0.00%	0.00%	0.00%
Other	0.00%	0.00%	0.00%	0.48%	0.00%
US Stock	0.00%	0.00%	0.00%	0.03%	0.00%

Top Holdings

Name	Weight	Owned	Change
Fidelity Municipal Cash Central Fund	3.87%	-	-
NJ TRANSP 5.25% 6/15/2050	0.73%	-	-
MASSACHUSET REV 5% 2/15/2034	1.03%	-	-
MA ST TRANS REV 5% 6/1/52	0.68%	-	-
BLACK BELT ENE(MO) 5.25% 6/1/29MT 53	0.70%	-	-
CHANDLER AZ IDR(INTEL) 5% 9/1/27MT@	0.56%	-	-
NC TPK TRIANGLE 5% 1/1/2054	0.59%	-	-
MAIN STR NAT GA 4% 07/01/2052 MT	0.52%	-	-
BLACK BELT ENE 5.5% 11/1/2053 MT	0.58%	-	-
MA ST 5% 11/1/2045	0.70%	-	-
GA ST 5% 7/1/2035	0.99%	-	-
NY MTA TRANSP 5% 11/15/2033	0.72%	-	-
CONROE TX ISD 5% 2/15/2045	0.70%	-	-
BLACK BELT ENE 12/01/55 MT	0.63%	-	-
TENN ENERGY ACQ 5% 12/1/2035	0.57%	-	-
SOUTHEAST EN AL 5% 10/1/2030	1.19%	-	-
LOWER ALA GAS D 5% 12/1/2033	0.56%	-	-
SAN FRAN ARPT 5.25% 5/1/2041 @	1.24%	-	-
MET NASH AIR TN 5.25% 7/1/2051 @	1.01%	-	-
BLACK BELT ENE 5% 12/1/2034	0.90%	-	-
BLACK BELT ENE 5% 10/1/2033	0.84%	-	-
BLACK BELT ENE 5% 11/1/2036	0.79%	-	-
MAIN STREET ENE 5% 10/1/2033	0.68%	-	-

See the full breakdown of FSMNX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	1.79%	5.98%	0.00%
Bond Sector	Corporate	0.00%	0.43%	0.00%	0.00%
Bond Sector	Derivative	0.00%	0.00%	0.00%	0.00%
Bond Sector	Government	0.00%	0.24%	0.00%	0.00%
Bond Sector	Municipal	0.00%	97.45%	94.02%	100.00%
Bond Sector	Securitized	0.00%	0.08%	0.00%	0.00%
Cyclical	Basic Materials	0.00%	0.00%	0.00%	0.00%
Cyclical	Consumer Cyclical	0.00%	0.00%	0.00%	0.00%
Cyclical	Financial Services	0.00%	100.00%	0.00%	0.00%
Cyclical	Real Estate	0.00%	0.00%	0.00%	0.00%
Defensive	Consumer Defensive	0.00%	0.00%	0.00%	0.00%
Defensive	Healthcare	0.00%	0.00%	0.00%	0.00%
Defensive	Utilities	0.00%	0.00%	0.00%	0.00%
Sensitive	Communication Services	0.00%	0.00%	0.00%	0.00%
Sensitive	Energy	0.00%	0.00%	0.00%	0.00%
Sensitive	Industrials	0.00%	0.00%	0.00%	0.00%
Sensitive	Technology	0.00%	0.00%	0.00%	0.00%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	-	-	-
Americas	North America	100.00%	-	-
Greater Asia	Asia Developed	-	-	-
Greater Asia	Asia Emerging	-	-	-
Greater Asia	Australasia	-	-	-
Greater Asia	Japan	-	-	-
Greater Europe	Africa/Middle East	-	-	-
Greater Europe	Europe Developed	-	-	-
Greater Europe	Europe Emerging	-	-	-
Greater Europe	United Kingdom	-	-	-

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-31	$0.027	$0.000	None	-	-	-	-
2024-12-06	$0.000	$0.000	None	-	-	-	-
2024-11-30	$0.026	$0.026	USD	-	2024-11-30	2024-12-01	Monthly
2024-11-29	$0.026	$0.000	None	-	-	-	-
2024-10-31	$0.027	$0.027	USD	-	2024-10-31	2024-11-01	Monthly
2024-09-30	$0.026	$0.026	USD	-	2024-09-30	2024-10-01	Monthly
2024-08-31	$0.027	$0.027	USD	-	2024-08-31	2024-09-03	Monthly
2024-08-30	$0.027	$0.000	None	-	-	-	-
2024-07-31	$0.027	$0.027	USD	-	2024-07-31	2024-08-01	Monthly
2024-06-30	$0.026	$0.026	USD	-	2024-06-30	2024-07-01	Monthly
2024-06-28	$0.026	$0.000	None	-	-	-	-
2024-05-31	$0.027	$0.027	USD	-	2024-05-31	2024-06-03	Monthly
2024-04-30	$0.026	$0.026	USD	-	2024-04-30	2024-05-01	Monthly
2024-03-31	$0.027	$0.027	USD	-	2024-03-31	2024-04-01	Monthly
2024-03-28	$0.027	$0.000	None	-	-	-	-
2024-02-29	$0.025	$0.025	USD	-	2024-02-29	2024-03-01	Monthly
2024-01-31	$0.027	$0.027	USD	-	2024-01-31	2024-02-01	Monthly
2023-12-31	$0.027	$0.027	USD	-	2023-12-31	2024-01-02	Monthly
2023-12-29	$0.027	$0.000	None	-	-	-	-
2023-11-30	$0.026	$0.026	USD	2023-11-30	2023-11-30	2023-12-01	Monthly
2023-10-31	$0.026	$0.026	USD	2023-10-31	2023-10-31	2023-11-01	Monthly
2023-09-30	$0.025	$0.025	USD	-	2023-09-30	2023-10-02	Monthly
2023-09-29	$0.025	$0.000	None	-	-	-	-
2023-08-31	$0.026	$0.026	USD	2023-08-31	2023-08-31	2023-09-01	Monthly
2023-07-31	$0.025	$0.025	USD	-	2023-07-31	2023-08-01	Monthly
2023-06-30	$0.025	$0.025	USD	2023-06-30	2023-06-30	2023-07-03	Monthly
2023-05-31	$0.025	$0.025	USD	2023-05-31	2023-05-31	2023-06-01	Monthly
2023-04-30	$0.024	$0.024	USD	2023-04-30	2023-04-30	2023-05-01	Monthly
2023-04-28	$0.024	$0.000	None	-	-	-	-
2023-03-31	$0.024	$0.024	USD	2023-03-31	2023-03-31	2023-04-03	Monthly
2023-02-28	$0.022	$0.022	USD	2023-02-28	2023-02-28	2023-03-01	Monthly
2023-01-31	$0.024	$0.024	USD	2023-01-31	2023-01-31	2023-02-01	Monthly
2022-12-31	$0.024	$0.024	USD	-	2022-12-31	2023-01-03	Monthly
2022-12-30	$0.024	$0.000	None	-	-	-	-
2022-11-30	$0.020	$0.020	USD	-	2022-11-30	2022-12-01	Monthly
2022-10-31	$0.020	$0.020	USD	-	2022-10-31	2022-11-01	Monthly
2022-09-30	$0.018	$0.018	USD	-	2022-09-30	2022-10-03	Monthly
2022-08-31	$0.019	$0.019	USD	-	2022-08-31	2022-09-01	Monthly
2022-07-29	$0.018	$0.018	USD	-	2022-07-29	2022-08-01	Monthly
2022-06-30	$0.018	$0.018	USD	-	2022-06-30	2022-07-01	Monthly
2022-05-31	$0.018	$0.018	USD	-	2022-05-31	2022-06-01	Monthly
2022-04-29	$0.017	$0.017	USD	-	2022-04-29	2022-05-02	Monthly
2022-03-31	$0.017	$0.017	USD	-	2022-03-31	2022-04-01	Monthly
2022-02-28	$0.015	$0.015	USD	-	2022-02-28	2022-03-01	Monthly
2022-01-31	$0.017	$0.017	USD	-	2022-01-31	2022-02-01	Monthly
2021-12-31	$0.017	$0.017	USD	-	2021-12-31	2022-01-03	Monthly
2021-12-01	$0.000	$0.000	None	-	-	-	-
2021-11-30	$0.015	$0.015	USD	-	2021-11-30	2021-12-01	Monthly
2021-10-29	$0.016	$0.016	USD	-	2021-10-29	2021-11-01	Monthly
2021-09-30	$0.016	$0.016	USD	-	2021-09-30	2021-10-01	Monthly
2021-08-31	$0.016	$0.016	USD	-	2021-08-31	2021-09-01	Monthly
2021-07-30	$0.017	$0.017	USD	-	2021-07-30	2021-08-02	Monthly
2021-06-30	$0.017	$0.017	USD	-	2021-06-30	2021-07-01	Monthly
2021-05-28	$0.018	$0.018	USD	-	2021-05-28	2021-06-01	Monthly
2021-04-30	$0.018	$0.018	USD	-	2021-04-30	2021-05-03	Monthly
2021-03-31	$0.019	$0.019	USD	-	2021-03-31	2021-04-01	Monthly
2021-02-26	$0.018	$0.018	USD	-	2021-02-26	2021-03-01	Monthly
2021-01-29	$0.021	$0.021	USD	-	2021-01-29	2021-02-01	Monthly
2020-12-31	$0.021	$0.021	USD	-	2020-12-31	2021-01-04	Monthly
2020-12-01	$0.000	$0.000	None	-	-	-	-
2020-11-30	$0.021	$0.021	USD	-	2020-11-30	2020-12-01	Monthly
2020-10-30	$0.022	$0.022	USD	-	2020-10-30	2020-11-02	Monthly
2020-09-30	$0.021	$0.021	USD	-	2020-09-30	2020-10-01	Monthly
2020-08-31	$0.022	$0.022	USD	-	2020-08-31	2020-09-01	Monthly
2020-07-31	$0.022	$0.022	USD	-	2020-07-31	2020-08-03	Monthly
2020-06-30	$0.021	$0.021	USD	-	2020-06-30	2020-07-01	Monthly
2020-05-29	$0.022	$0.022	USD	-	2020-05-29	2020-06-01	Monthly
2020-04-30	$0.023	$0.023	USD	-	2020-04-30	2020-05-01	Monthly
2020-03-31	$0.024	$0.024	USD	-	2020-03-31	2020-04-01	Monthly
2020-02-28	$0.022	$0.022	USD	-	2020-02-28	2020-03-02	Monthly
2020-02-07	$0.000	$0.000	None	-	-	-	-
2020-01-31	$0.025	$0.025	USD	-	2020-01-31	2020-02-03	Monthly
2019-12-31	$0.025	$0.025	USD	-	2019-12-31	2020-01-02	Monthly
2019-12-02	$0.000	$0.000	None	-	-	-	-
2019-11-29	$0.022	$0.022	USD	-	2019-11-29	2019-12-02	Monthly
2019-10-31	$0.025	$0.025	USD	-	2019-10-31	2019-11-01	Monthly
2019-09-30	$0.024	$0.024	USD	-	2019-09-30	2019-10-01	Monthly
2019-08-30	$0.025	$0.025	USD	2019-09-03	2019-08-30	2019-09-03	Monthly
2019-07-31	$0.025	$0.025	USD	2019-08-01	2019-07-31	2019-08-01	Monthly
2019-06-28	$0.025	$0.025	USD	-	2019-06-28	2019-07-01	Monthly
2019-05-31	$0.026	$0.026	USD	2019-06-03	2019-05-31	2019-06-03	Monthly
2019-04-30	$0.025	$0.025	USD	2019-05-01	2019-04-30	2019-05-01	Monthly
2019-03-29	$0.025	$0.025	USD	2019-04-01	2019-03-29	2019-04-01	Monthly
2019-02-28	$0.023	$0.023	USD	2019-03-01	2019-02-28	2019-03-01	Monthly
2019-02-08	$0.000	$0.000	None	-	-	-	-
2019-01-31	$0.026	$0.026	USD	2019-02-01	2019-01-31	2019-02-01	Monthly
2018-12-31	$0.025	$0.025	USD	2019-01-02	2018-12-31	2019-01-02	Monthly
2018-11-30	$0.024	$0.024	USD	2018-12-03	2018-11-30	2018-12-03	Monthly
2018-11-27	$0.000	$0.000	None	-	-	-	-
2018-10-31	$0.016	$0.016	USD	-	-	-	-

View the full dividend history for FSMNX.

Fidelity SAI Municipal Income Fund NMFQS:FSMNX